Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2905 Krafft Road Port Huron, MI 48060

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    Retail space available in a grocery-anchored shopping center.

    Type:Retail
    Property size:
    93,500 SF
    Added:
    Nov 21, 2025
    Days on Market:
    131
    Last Refresh:
    Mar 29 at 10:36 pm

    Property Features for 2905 Krafft Road

    General Information

    Standard status
    Active
    Size
    93,500 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1977

    Spaces For Lease

    at 2905 Krafft Road Contact us

    We can help!

    Listing Contact
    Wendy Acho
    Wendy Acho

    Listing agent Wendy Acho License #6501411463

    Listing office NAI Farbman - Corporate

    Listing date Nov 21, 2025

    Source Naiglobal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman - Corporate

    Overview

    Grocery-Anchored Shopping Center Space

    Located in the Krafft Road shopping district, this grocery-anchored shopping center offers a retail opportunity. The center is anchored by a 55,000 square foot Kroger grocery store, Kroger Fuel, the Michigan Secretary of State, and the State of Michigan Department of Labor and Economic Opportunity (LEO). The property benefits from exceptional drive-by visibility and high traffic counts. There are 500 surface spaces available. An available space of 1,166 square feet is present within the shopping center. It is located along the 24th Ave & Krafft Rd Major Retail Corridor, near Birchwood Mall and AMC Birchwood 10 Theatre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Secretary of State Self-service Station — 2887 Krafft Rd, Port Huron, MI 48060
    • Brookside Plaza — 2856 Krafft Rd, Fort Gratiot Twp, MI 48059
    • Coin Cloud Bitcoin ATM — 1923 Holland Ave, Port Huron, MI 48060
    • Court of Flags Shopping Center — Court of Flags Mall, 2887 Krafft Rd, Port Huron, MI 48060
    • Coinstar Kiosk - Bitcoin ATM — 2907 Kraft Kroger, Port Huron, MI 48060

    Location Insight

    • Map
    • Local Demand
    City
    Port Huron
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.455
    Latitude
    43.0251

    Nearby Similar for Lease

    • Contact for pricing

      Port Huron Retail Corner Unit

      Turn-key 1200 SF corner unit in prime location.
      1524 10th Street, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Prime Corner Commercial Building in Michigan

      4,800 sq ft commercial building suitable for diverse businesses.
      250 Huron Avenue, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Industrial Space Near St. Clair River

      Industrial space for lease in Port Huron near St. Clair River.
      3565 24th Street unit: 1, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Downtown Port Huron Commercial Building

      Prime commercial space in a historic downtown location.
      235 Huron Avenue, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Medical Office Near Lake Huron

      Well-maintained medical office space adjacent to Lake Huron Hospital.
      2609 Electric Avenue unit: A, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Downtown Port Huron Office Space

      Former bank branch in a great downtown location.
      503 Andrew Murphy, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Prime Retail Space in Port Huron

      High-visibility retail space near Birchwood Mall and Blue Water Bridge.
      655 24th Street, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Retail Space in Port Huron

      Well-maintained retail center with high visibility and easy access.
      1420 24th St, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Retail Space on Pine Grove

      Retail space available in high-traffic Port Huron plaza.
      2830 Pine Grove Ave, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center Space

      Retail space available in grocery-anchored shopping center.
      2905 Krafft Rd, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Port Huron Retail Space Available

      Retail space and outlot available in Port Huron Shopping Center.
      653 24th Street, Port Huron, MI 48060
      View Details
    • Contact for pricing

      Port Huron Retail Space Available

      Retail space for lease near I-94, I-69, and Canada.
      649-659 24th Street, Port Huron, MI
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a grocery-anchored shopping center.
    Where is this shopping center located?
    The property is located at 2905 Krafft Road Port Huron, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Grocery‑anchored by a 55,000 SF Kroger Grocery and Kroger Fuel.; Located in Krafft Rd Major Retail Corridor near Birchwood Mall and AMC Birchwood 10 Theatre.; Exceptional drive‑by visibility and high traffic counts.
    (248) 563-0739
    We can help!
    Listing Contact
    Wendy Acho
    Wendy Acho
    Real Estate License ID: 6501411463
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!